Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) Short Interest Up 35.1% in January

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 65,205 shares, a growth of 35.1% from the December 31st total of 48,272 shares. Approximately 0.8% of the company’s stock are sold short. Based on an average daily volume of 98,968 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 98,968 shares, the short-interest ratio is currently 0.7 days. Approximately 0.8% of the company’s stock are sold short.

Invesco S&P 500 Equal Weight Consumer Staples ETF Price Performance

Invesco S&P 500 Equal Weight Consumer Staples ETF stock opened at $31.40 on Tuesday. Invesco S&P 500 Equal Weight Consumer Staples ETF has a fifty-two week low of $28.21 and a fifty-two week high of $32.05. The firm has a fifty day moving average price of $29.81 and a two-hundred day moving average price of $29.79. The firm has a market cap of $256.50 million, a price-to-earnings ratio of 17.33 and a beta of 0.49.

Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Consumer Staples ETF

Several large investors have recently modified their holdings of the stock. AE Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 71.7% during the second quarter. AE Wealth Management LLC now owns 1,365 shares of the company’s stock worth $41,000 after buying an additional 570 shares in the last quarter. Howe & Rusling Inc. grew its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 55.7% during the 3rd quarter. Howe & Rusling Inc. now owns 2,083 shares of the company’s stock worth $61,000 after acquiring an additional 745 shares during the last quarter. CWM LLC raised its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 302.1% in the fourth quarter. CWM LLC now owns 3,518 shares of the company’s stock worth $102,000 after acquiring an additional 2,643 shares during the last quarter. CIBC Private Wealth Group LLC lifted its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 41.0% during the third quarter. CIBC Private Wealth Group LLC now owns 4,935 shares of the company’s stock worth $144,000 after purchasing an additional 1,435 shares in the last quarter. Finally, Advisory Services Network LLC bought a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF in the 3rd quarter worth approximately $144,000.

Invesco S&P 500 Equal Weight Consumer Staples ETF Company Profile

The Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) is an exchange-traded fund that mostly invests in consumer staples equity. The fund tracks an equal-weighted index of large-cap US consumer staples stocks drawn from the S&P 500. RSPS was launched on Nov 1, 2006 and is managed by Invesco.